Learning to Pay Yourself First

Quick Answer: Pay yourself first” means prioritizing savings and investments before paying monthly expenses like rent or car payments. This strategy helps ensure consistent saving rather than hoping money remains after bills, which often results in little to no savings for many people.Exactly what does it mean to pay yourself first? Overall, it means that …

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The WORST Financial Advice of 2020

Quick Answer: The worst financial advice of 2020 includes “spend all your money now because you only live once,” which emerged after tragic deaths like Kobe Bryant’s and pandemic mortality reminders. Smart financial planning requires balancing present enjoyment with future security, since tomorrow remains highly probable despite not being guaranteed.This year has been rough. And …

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Restaurant Survival: What It Means and What to Do

Quick Answer: Restaurant survival during the pandemic required pivoting to community service, as demonstrated by Cracked and Battered in San Francisco’s Marina district. The chicken and waffles restaurant opened March 15th, faced citywide shutdown the next day, then boosted business by offering free meals to healthcare workers through Nextdoor. Selling chicken and waffles was always …

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CFPB Sues Lexington Law: Is It Legit?

Quick Answer: The CFPB lawsuit against Lexington Law alleges violations of telemarketing rules by charging prohibited upfront fees for credit repair services. The complaint filed in Utah federal court claims the company collected fees before providing documentation of promised results, which legally cannot occur until six months after achieving credit improvements.WASHINGTON, D.C. – The Consumer …

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Cable Alternatives: What They Mean and What to Do

Quick Answer: Cable alternatives include TV streaming services that offer 40+ channels for around $50/month through companies like DIRECTV Now, providing month-to-month flexibility instead of annual contracts. These internet-based services can significantly reduce entertainment costs while offering similar channel access to traditional cable. How can I find my favorite TV show… tonight?  For those of …

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Coronavirus Financial Hardship: Everything You Need to Know

Quick Answer: The coronavirus pandemic created widespread financial hardship, with the Federal Reserve cutting interest rates to 0-0.25% in March 2020 to support economic activity. Despite rate cuts, 30-year mortgage rates paradoxically jumped to 3.65%, making debt more expensive for families already struggling with job losses and economic uncertainty.You may be sitting at home across …

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Can’t Pay Bills Because of Covid-19? Here Are Some Loan Alternatives

Quick Answer: Federal banking regulators are encouraging banks to offer small personal loans to help consumers pay bills during COVID-19, but consumer advocacy groups like the NAACP warn these could become high-interest payday loans that create debt cycles. The March 26 joint statement from the Federal Reserve and FDIC promotes “responsibly offered small-dollar loans” for …

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Make $500 Fast: What It Means and What to Do

Quick Answer: To make $500 fast, individuals can earn money through bank account promotions worth hundreds of dollars, credit card sign-up bonuses like Wells Fargo’s $150 offer, or monetizing existing possessions. The fastest options involve taking advantage of company promotions that provide immediate cash incentives for meeting basic requirements.Have you ever been in a situation …

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Here’s Why the VA Mortgage is the Best Home Loan

Quick Answer: VA mortgages offer the best home loan terms because they provide 100% financing with no monthly mortgage insurance and consistently lower rates than FHA or conventional loans. The U.S. Department of Veterans Affairs guarantee makes these loans highly profitable for lenders, resulting in exceptional rates and automatic lender credits for certain fees.The U.S. …

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Funny Amazon Reviews: What They Mean for You

Quick Answer: Funny Amazon reviews provide entertainment value beyond product information, with customers leaving humorous comments on unexpected items like uranium ore and Broadway cast recordings. These comedic gems demonstrate how shoppers use Amazon’s review system creatively, turning product pages into sources of laughter alongside purchasing decisions.If you’re a savvy Amazon shopper, chances are you …

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